Morocco and Spain, a close economic partnership reflecting strength of political ties
According to EU statistics agency Eurostat, Spain kept its position as Morocco’s first trading partner in 2018 exporting €8.221 billion to the north African country while importing €6.652 billion.
Globally, Morocco was the ninth destination of Spanish goods and the second outside the EU just behind the US.
Some 20,714 Spanish companies exported their products to Morocco as the two countries foster trade at all levels.
At the security level, the two countries build on their close ties with talks recently between minister delegate for national defense administration Abdellatif Loudiyi and Spanish minister of Defense, Margarita Robles.
The two officials discussed cooperation in the field of cyber security in addition to industrial and technological projects.
They also examined cooperation to fight all sorts of trafficking and illegal migration.
Last month, Spain and Morocco signed eleven cooperation agreements on the occasion of a visit to Rabat by King Felipe VI of Spain.
These agreements cover energy, security, culture, transport and trade.